Showing posts with label ceo. Show all posts
Showing posts with label ceo. Show all posts
Wednesday, October 26, 2011
VIRGINIA ROMETTY IBM'S NEW CEO
Speculation has been running fairly consistent for awhile now that there would soon be a new CEO at IBM, as Sam Palmisano approached the company’s typical retirement age. Today the company’s board of directors named Virginia Rometty, senior vice president and group executive for sales, marketing and strategy, as the new CEO. She’ll take over at the start of the new year. Palmisano will continue as chairman.
According to IBM’s official bio on her, she goes by the name “Ginni.” In her current job, she’s been responsible for revenue, profit, and client satisfaction globally and has been in charge of strategy, marketing and communications.
Before that she ran Big Blue’s global business services unit and helmed the tricky integration of PriceWaterhouseCoopers, which was a key acquisition in 2002, as it became the lynchpin of IBM’s strategically important services business. You may remember that Hewlett-Packard tried and failed to acquire the PwC Consulting business during the Carly Fiorina era. At that time, HP proposed paying $17 billion and change, but negotiations fell through. IBM swooped in and took it out for less than $4 billion in 2002.
Rometty’s naming as CEO makes it an interesting moment in history. With Meg Whitman at the helm of HP, women now run the two biggest IT companies by revenue in the world.
Labels:
carly fiorina,
ceo,
hp,
ibm,
meg whitman,
sam palmisano,
virginia rometty
Thursday, September 22, 2011
RUMOR: FORMER eBAY CEO MEG WHITMAN TO REPLACE HP CEO APOTHEKER
HP may replace current CEO Leo Apotheker with former eBay CEO Meg Whitman, AllThingsD reported on Wednesday. Reportedly, HP board members are not pleased with “a series of management mishaps,” inside HP. It is unclear if those mishaps are related to HP’s recent decision to kill off its webOS devices and spin off its PC business, which resulted in recent job cuts from the former Palm team.
The board may be more upset HP’s stock has tanked more than 40% since Apotheker took the reins in September, 2010. In any case, if Apotheker does get relieved of his duties as CEO, one analyst has suggested he will still have made $9.4 million for the year. Whitman, who is also on HP’s board, is reportedly interested in the job but the appointment is far from official, AllThingsD said. Whitman’s experience in the consumer market might help HP if ever does decide to revive the TouchPad and other webOS hardware efforts. Whitman served as eBay’s chief executive for 10 years until 2008 before trying her hand in politics.
Labels:
ceo,
ebay,
hp,
Leo Apotheker,
meg whitman,
rumor
Wednesday, September 7, 2011
BARTZ OUT AS YAHOO CEO, COMPANY UP FOR SALE
Following recent rumblings surrounding discontent atop Yahoo’s executive chain, the struggling Internet company fired its CEO Carol Bartz. In the same stroke, Yahoo! also revealed that it is for sale. News broke Tuesday night that former chief executive Carol Bartz sent an email to the entire Yahoo organization. In her brief note, she stated that Yahoo’s chairman of the board had fired her, over the phone, no less. Yahoo confirmed the news, stating that Chief Financial Officer Tim Morse would step in as interim CEO while the company searches for a new chief.
Following the news, a Yahoo employee speaking with The Wall Street Journal also confirmed that the company would be open to selling itself. “Yahoo is open to selling itself to the right bidder,” the Journal wrote. No additional details were provided.
Labels:
Caroll Bartz,
ceo,
jerry yang,
Tim Morse,
yahoo
Friday, August 26, 2011
LENOVO'S RORY READ JUMPS SHIPS TO BE AMD'S PRESIDENT AND CEO
AMD has finally found itself a permanent CEO. The company today named Rory P. Read to the post, also announcing that he'll serve as President and as a member of the board of directors. Read most recently served as President and Chief Operating Officer of Lenovo, and spent 23 years serving in a variety of roles at IBM prior to that. He replaces AMD CFO Thomas Seifert (now returning to his original role), who had been serving as interim CEO since the departure of Dirk Meyer -- who himself only became CEO in 2008 when Hector Ruiz stepped down. For his part, Read says that he's "very pleased to be joining AMD at this important time in its history," and that "AMD is a true innovator and is uniquely positioned to lead the industry forward, delivering the next big thing both within the PC ecosystem and beyond."
Wednesday, July 20, 2011
APPLE'S BOARD OF DIRECTORS BEGINS SEARCH FOR STEVE JOBS SUCCESSOR
Apple’s board of directors has been in informal talks with executive recruiting firms and has been discussing a successor to CEO Steve Jobs, The Wall Street Journal reported on Tuesday. Reportedly, the board has also met and talked with “at least one” head of a “high-profile tech company” as a possible successor, although it’s unclear who that person is. The Wall Street Journal also noted that it wasn’t immediately clear if Steve Jobs had been aware of the search or if Apple has been looking behind his back, though he emailed The Wall Street Journal in response to their questions about the discussions: “I think it’s hogwash.” Steve Jobs has been on medical leave from the Cupertino-based firm since January of this year.
Labels:
Apple,
ceo,
replacement,
search firm,
steve jobs,
successor
Saturday, June 4, 2011
AT&T'S LTE NETWORK 2 - 3 YEARS BEHIND VERIZON'S SAYS CEO
Speaking during a D9 press event in California on Thursday, AT&T Mobility’s CEO Ralph de la Vega said it will take AT&T between 2 and 3 years to bring its LTE network coverage up to a par with Verizon Wireless’ 4G offering. AT&T has already announced that it plans to deploy its 4G LTE network to five cities this summer, including Atlanta, Chicago, Dallas, Houston, and San Antonio.
However, Verizon’s network is already available in 55 markets, it plans to deploy in 23 more this month, and the carrier has promised full 4G LTE coverage across its current 3G network by the end of 2013.
According to CNN, Ralph de la Vega said AT&T “can’t say when” its 4G network will match Verizon’s but said “in the next two to three years they will probably be indistinguishable.” The carrier also reaffirmed that if its proposed acquisition of T-Mobile is approved, customers should see a large improvement the in overall quality and reliability of AT&T’s service.
Labels:
4g,
att,
ceo,
deployment,
lte,
Ralph de la Vega,
Verizon
Friday, June 3, 2011
ADOBE CEO ENDS FEUD WITH APPLE, SIDESTEPS POOR ANDROID FLASH PERFORMANCE ISSUE
Speaking at yesterday's D9 conference in Palos Verdes, California, Adobe head Shantanu Narayen confirmed that he and Steve Jobs have reached an unofficial armistice, bringing an end to their prolonged war of words. According to the CEO, Apple's Flash issues stemmed from the company's "business model," rather than any legitimate concerns over quality. "It's control over the app store that's at issue here," Narayen said, implying that Flash's wide-ranging platform compatibility may not have jibed with the Cupertino ethos. He went on to remind moderator Walt Mossberg that developers can still use Adobe's AIR software to get their products to the App Store, adding that his company is looking forward to the rise of HTML5 and "actively contributing" to its development.
Mossberg, meanwhile, seemed to blindside Narayen when he brought up Flash's poor performance on Android devices. "I have yet to test a single one where Flash tests really well," the columnist claimed. "I'm sorry, but it's true." Narayen sputtered a bit, before pointing to the BlackBerry PlayBook as an example of the progress that Flash has made. When Mossberg reminded him that the PlayBook doesn't run on Android, the CEO not-so-subtly sidestepped the question by emptily declaring that Adobe's mission is simply to provide people with the best tools to create content. Apparently satisfied with this non-answer, Mossberg changed the subject back to Apple, allowing Narayen to wax poetic about their new truce.
Labels:
adobe,
air,
Android,
Apple,
ceo,
flash,
Shantanu Narayen,
software,
Walt Mossberg
Tuesday, April 5, 2011
GOOGLE CO-FOUNDER LARRY PAGE RETURNS AS CEO
As announced back in January, Google co-founder Larry Page re-assumed his role as CEO of the Internet search giant today. The company’s former CEO, Eric Schmidt, will move to the position of Executive Chairman. “We’ve been talking about how best to simplify our management structure and speed up decision making for a long time,” said Schmidt during the company’s Q4 earnings call back in January. “By clarifying our individual roles we’ll create clearer responsibility and accountability at the top of the company. In my clear opinion, Larry is ready to lead and I’m excited about working with both him and Sergey for a long time to come.” Page briefly held the position of CEO in 2001 before turning the reins over to the more seasoned Schmidt.
Labels:
ceo,
eric schmidt,
Google,
larry page
Friday, April 1, 2011
ACER CEO RESIGNS
It appears as though Acer founder Stan Shih will get his wish, as news of CEO Gianfranco Lanci’s resignation could mark the start of a much needed overhaul. Shih, who retired from the company in 2004, said on Tuesday that Acer is in need of an overhaul and a shift in focus from being a leader in the PC market to increasing profit margins.
On Thursday, Acer announced that Lanci is resigning effective immediately, and company chairman J. T. Wang will step in as interim CEO until the company finds a suitable replacement. “The personal computer remains the core of our business,” said Wang in a statement. “We have built up a strong foundation and will continue to expand within, especially in the commercial PC segment. In addition, we are stepping into the new mobile device market, where we will invest cautiously and aim to become one of the leading players.” Wang continued, “In this new ICT industry, Acer needs a period of time for adjustment. With the spirit of entrepreneurship, we will face new challenges and look to the future with confidence.”
Friday, February 18, 2011
MOTOROLA CEO DEFENDS XOOM'S SKY-HIGH PRICE TAG
At Mobile World Congress on Wednesday, Motorola Mobility chief executive Sanjay Jha came to the defense of the company’s decision to price its first Android tablet at $800. The Motorola XOOM will be a flagship Android tablet when it launches in the near future, and Motorola has slapped on a flagship price tag. With 3G connectivity, the 32GB XOOM will be $70 more expensive than an Apple iPad with the same amount of storage. “We felt that our ability to deliver 50Mbps would justify the $799 price point,” Jha told reporters at Mobile World Congress. “It is 32GB with 3G and a free upgrade to 4G. Being competitive with iPad is important. We feel that from the hardware and capabilities we deliver, we are at least competitive and in a number of ways better.” Of note, the 3G XOOM will reportedly also require users to purchase at least one month of cellular data service in order to unlock Wi-Fi connectivity — ostensibly adding another $30 onto the price of the XOOM and making it a full $100 more expensive than the comparable iPad model. The Wi-Fi-only XOOM will be priced in line with the comparable iPad model at $600.
Wednesday, February 16, 2011
RUMOR: DELL PLANNING TO BUY AMD
Rumor has it that Dell has been looking to buy chipmaker Advanced Micro Devices (AMD). AMD has been having its clock cleaned for some time now by rival IBM. Senior executives have been fleeing left and right in the last month, with CEO Dirk Meyer departing back in January and COO Robert Rivet also running away from the beleaguered chipmaker last week.
Right now, CFO Thomas Seifert is acting as interim CEO at AMD, but he has asked that the promotion be temporary until a new CEO can be found.
“There is no management team there,” said Patrick Wang, an analyst at Wedbush Securities in New York. He then said there is a “far-reaching possibility” that the company is up for sale, according to “chatter.”
The purchase by Dell would put them in charge of its own manifest destiny, controlling the silicon of both the processors and GPUs that make up its machines.
Right now, CFO Thomas Seifert is acting as interim CEO at AMD, but he has asked that the promotion be temporary until a new CEO can be found.
“There is no management team there,” said Patrick Wang, an analyst at Wedbush Securities in New York. He then said there is a “far-reaching possibility” that the company is up for sale, according to “chatter.”
The purchase by Dell would put them in charge of its own manifest destiny, controlling the silicon of both the processors and GPUs that make up its machines.
Labels:
amd,
ceo,
cfo,
chipmaker,
cto,
dell,
dirk meyer,
gpu,
ibm,
robert rivet,
rumor,
silicon,
thomas seifert
Sunday, February 6, 2011
RUMOR: MASSIVE EXECUTIVE SHAKE-UP AT NOKIA
German newspaper Wirtschaftswoche is reporting newly appointed Nokia CEO Stephen Elop is executing an executive shake-up. Citing "company sources," the paper stated that Mary T. McDowell, a bigwig in the mobile phones unit, as well as Niklas Savander, the manager of the markets unit, could be on the outs. Moreover, Kai Oistamo (Chief Development Officer) and Tero Ojanpera, the manager responsible for services and mobile solutions, may also be joining them in the unemployment line.
Nokia has reportedly hired headhunters to find replacements for those empty positions. It appears the organizational changes are focused on rectifying Nokia's inability to quickly execute upon its corporate strategy.
This shift comes after Nokia recently laid off 1,800 workers in October.
Thursday, January 27, 2011
NOKIA SMARTPHONE MARKET SHARE PLUNGES TO 31%
Stephen Elop's first quarterly results as Nokia CEO have just come out, and while the company's still growing, others seem to be speeding ahead of it. Nokia's reporting its converged mobile devices (smartphones, to you and us) reached volumes of 28.3 million during Q4 2010, which is a neat bump from 20.8 million at the same time last year and 26.5 million in the previous quarter. However, in the context of the broader smartphone marketplace, that figure now amounts to only a 31 percent share, according to Nokia's own estimates, which is a major dip relative to its 40 percent slice in Q4 2009 and 38 percent in Q3 2010.
Thursday, January 20, 2011
PAGE REPLACING SCHMIDT AS GOOGLE CEO
In a surprise move announced on the Q4 results call, co-founder Larry Page will be taking over the CEO roll from Eric Schmidt. Schmidt will stay with company as the Executive Chairman focusing externally on "deals, partnerships, customers and broader business relationships, government outreach and technology thought leadership.”
“We’ve been talking about how best to simplify our management structure and speed up decision making for a long time,” said Schmidt. “By clarifying our individual roles we’ll create clearer responsibility and accountability at the top of the company. In my clear opinion, Larry is ready to lead and I’m excited about working with both him and Sergey for a long time to come.”
Sergey Brin, also a Google co-founder, will focus on new, strategic projects for the company.
Labels:
ceo,
eric schmidt,
Google,
larry page
ERIC SCHMIDT TALKS ABOUT GOOGLE'S STRATEGIES
In an interview with Harvard Business Review, Google CEO Eric Schmidt briefly discusses Google's strategies and they focus on mobile. The three areas Google wants to focus on are "developing the underlying fast networks," or what Schmidt notes is "generally called LTE," pushing the development of NFC-based "mobile money" and, last but not least, increasing the availability of inexpensive smartphones in the poorest parts of the world. On that latter point, Schmidt seems to be especially optimistic, saying that he envisions "literally a billion people getting inexpensive, browser-based touchscreen phones over the next few years."
Labels:
ceo,
eric schmidt,
Google,
mobile,
strategy
MEET TIM COOK, APPLE'S NEW CEO AND MOST POWERFUL GAY MAN IN SILICON VALLEY
It looks increasingly like Steve Jobs' reign at Apple is over. If the CEO doesn't return from his third, indefinite medical leave, COO Tim Cook will succeed him, marking a new era not only for Apple but for gay progress.
Cook, who is running Apple in Jobs' absence, has been as reticent to acknowledge his sexuality as he has his prowess in overseeing the company supply chain. But as Jobs fades back, and as his absences grow more prolonged and uncertain, Cook will become, by necessity, a public figure. Apple is no longer a 1980's-style computer company, segregated from broader society. Apple is one of the most powerful players in industries like publishing, music, movies, internet services, advertising, mobile communications and, of course, computer hardware and software. And the company and its leader have become cultural icons.
Cook, a famously quiet and collected person, will find his backstory, both personal and professional, the topic of increasing interest and discussion in the tech community. That new attention is a good thing for a man with a reputation as fearsomely good as Cook's. Cook's rise to his position—he is one of the most powerful corporate executives in the world, to say nothing of being the most powerful gay person in tech by a mile—is also a tribute to his skill and work ethic on the one hand, and to the utterly unconventional and unconventionally empowering people skills of Jobs on the other.
Age: 50
Job: Cook's title is Chief Operating Officer at Apple. His real job is de facto CEO, overseeing day to day operations during titular CEO Steve Jobs' indefinite medical leave. Of course, Jobs retains both his title and power, and is expected to make his heavy influence felt remotely.
Background: Cook grew up in Robertsdale, Alabama, the son of a retired shipyard worker. He earned a Bachelor's degree in industrial engineering from Auburn University in 1982 and an MBA from Duke University in 1988. Before Apple, he did a stint at a computer reseller called Intelligent Electronics, worked in PC logistics for 12 years at IBM, and spent six months as VP for Corporate Materials at Compaq. He joined Apple in 1998 as senior vice president of operations, overseeing computer manufacturing. Cook was later promoted to chief of worldwide sales and of the Macintosh division.
Wealth: Cook has sold or accumulated upwards of $136 million in Apple shares.
How he got the job: Cook joined Apple in 1998, shortly after Jobs' return to the company, after withstanding Jobs' withering interview gauntlet. Jobs had rejected a string of other operations managers before meeting with Cook. In fact, one other executive from Cook's old company, Compaq, reportedly lasted only five minutes before Jobs walked out on him. Cook's "unflappable" demeanor may have been what sealed the deal with Jobs. "Steve is very focused on people he can connect to emotionally," a recruiter present at the meeting later said.
His successes: Cook made his mark early on by fixing Apple's notorious manufacturing inefficiencies: He arranged to have suppliers physically adjacent to Apple factories, thereby reducing inventory—which he considers "fundamentally evil"—to six days from 31. He closed far-flung Apple factories and warehouses and shifted to contract manufacturers. And he helped the company accurately predict demand for unreleased products, as when he prepaid $1.25 billion to corner the market for years to come on a particular type of flash memory that would prove crucial in forthcoming Apple devices. These operational improvements have given Apple the agility necessary to make quick, dramatic changes to its products, like when it switched the entire computer line to Intel chips in 2006.
Cook also kept the company on track as Apple's interim leader during Jobs' 2004 two month medical leave and during his six month leave in 2009. His steady hand kept iPhone 4 and iPad development on track, grew Macintosh sales and strongly rallied the stock.
His temperament: Calm, quiet — and deadly. His southern accent and "courtly demeanor" can disarm subordinates, and Cook never raises his voice, but his default frown and long, uncomfortable silent stares hint at the demanding leader underneath. He is said to keep an exhaustive catalog of details of Apple's operations in his head and expects his charges to do the same. "I've seen him shred people," a former colleague told Fortune in a lengthy 2008 profile. "He asks you the questions he knows you can't answer, and he keeps going and going. It isn't funny, and it's not fun."
Work habits: Voracious. Cook is described as a workaholic who begins emailing his underlings at 4:30 am each morning and eschews Apple's famously good cafes for an endless series of energy bars, which he'll often devour during meetings. The COO prides himself on being the first into the office and the last one out. At IBM, he volunteered to work in the factory on Christmas and New Year's day. He expects similar commitment from others; Cook once dispatched an underling straight from a meeting at Apple headquarters in Cupertino to the airport bound for China, without time even to pack a change of clothes or figure out a return date. "Why are you still here?" was Cook's goodbye, delivered in the middle of the meeting.
Shortcomings: Cook is not known as a product visionary or for shepherding projects through Apple's rigorous development pipeline. For those sorts of tasks, Jobs' heir apparent is design chief Jonathan Ive, principal designer for the iMac, iPod, iPhone, and iPad, among other groundbreaking products. Cook is also not known as a compelling public speaker, which is probably why marketing chief Phil Schiller has handled the unveiling of new Apple products during Jobs' past absences.
The future: Cook has been with Apple for 13 years now and given his new role at the company, it's not expected that he's making plans to leave in the future. That said, he's reportedly been wooed by both Motorola and Dell, and possibly HP.
Interests: Cook is a "fitness nut," in the gym by 5 am, often on the hiking trail and even more often on his bike. The avid cyclist is an admirer of Lance Armstrong, quoting the seven-time Tour de France winner regularly during Apple meetings and even reportedly modeling his close-cropped haircut after the rider. Like Jobs, Cook is a Bob Dylan fan, and at one point, at least, kept a picture of the singer in his office, alongside a shot of Bobby Kennedy. His truest loyalty, beyond even Apple, may be to the Auburn Tigers football team, whose memorabilia is said to stud his home and office.
Social style: Cook is relatively withdrawn. A former college classmate described him as "not a real social person...He just never seemed that interested in other people. I'm a hugger and a kisser, but I'd never feel comfortable giving Tim a hug or a kiss."
Romantic interests: After Cook was profiled as a "lifelong bachelor" and "intensely private" elsewhere, we wondered if he might be gay. We've since heard from two well-placed sources that this is indeed the case, and it sounds like Cook's sexuality has been the topic of at least some discussion within the company. One tech executive who has spoken to multiple Apple management veterans about Cook was told executives there would support Cook if he publicly acknowledged his orientation, and even would encourage him to do so as he steps up his leadership role, but that they also had concerns about whether his coming out would impact the perception of the Apple brand.
Cook would be, by far, the most powerful openly gay executive in tech, trailed by Microsoft's openly lesbian HR chief Lisa Brummel and by Megan Smith, the former PlanetOut CEO now working as Google's vice president of new business development.
Relationships: If Cook is in a long term partnership, he's kept it well hidden. Given his brutal work schedule, though, it's hard to imagine how he'd find time. Still, he's got enough experience to have developed some preferences; our tech executive source claims Cook is into Asian guys, a tidbit that prompted another tech observer, with whom we shared the item, to propose some strategic matchmaking that would pair Cook with Google hotshot Ben Ling. It's an inspired match: Perhaps the coupling could build a bridge between two corporate nemeses.
Darkest moment: Cook was misdiagnosed with multiple sclerosis in 1996, an experience he later said made him "see the world in a different way." He now helps raise money for the disease.
Signature look: Cook serves on Nike's board, which is why you'll see him sporting Nike shoes under his jeans around the Apple office.
Tuesday, January 11, 2011
AMD CEO RESIGNS
AMD CEO Dirk Meyer has resigned in what the company is a calling a "mutual agreement" between him and the Board of Directors. Interim CEO will be CFO Thomas Seifert, who has asked not to be considered as a candidate for the next chief. A search committee for the next CEO is currently being led by Board Chairman Bruce Claflin. The circumstances behind Meyer's departure remain a mystery. [Engadget]
Labels:
amd,
ceo,
dirk meyer,
resignation
Tuesday, January 4, 2011
MOTOROLA COMPLETES SPLIT INTO MOBILITY AND SOLUTIONS
Motorola co-CEO Sanjay Jha rang the opening bell of the NYSE today, signalling the completion of the split of Motorola into two separate companies, Mobility and Solutions.
Motorola Mobility, trading under MMI, will focus on consumer mobile devices and home solutions. Motorola Solutions, trading under the ticker symbol MSI, targets government and enterprise workers.
Jha, who will serve as CEO of Motorola Mobility, said in a press release, "We are pleased that Motorola Mobility has reached this important milestone. After more than two years of planning, today we begin operating as a financially strong, independent company trading on the New York Stock Exchange.
We are well-positioned to build on the strong momentum we have in smartphones and end-to-end video solutions –and to take advantage of opportunities resulting from the convergence of media, mobility, computing and the Internet."

Motorola Mobility, trading under MMI, will focus on consumer mobile devices and home solutions. Motorola Solutions, trading under the ticker symbol MSI, targets government and enterprise workers.
Jha, who will serve as CEO of Motorola Mobility, said in a press release, "We are pleased that Motorola Mobility has reached this important milestone. After more than two years of planning, today we begin operating as a financially strong, independent company trading on the New York Stock Exchange.
We are well-positioned to build on the strong momentum we have in smartphones and end-to-end video solutions –and to take advantage of opportunities resulting from the convergence of media, mobility, computing and the Internet."
Wednesday, December 8, 2010
ROVIO CEO TALKS ANGRY BIRDS
In an on-stage interview at Le Web 10 in Paris, Rovio CEO Mikael Hed talked about one of the most popular games ever to hit mobile phones all around the world: Angry Birds.
What’s the story behind Angry Birds?
It started off with a screenshot from one of our game designers. He drew a picture of some really angry-looking birds. He explained the game mechanics behind his idea. I didn’t understand any of it, but everybody really loved the characters, so we started developing a game around it.
Can you share some of the latest numbers?
We’ve sold 12 million copies of Angry Birds to date, and we’ve seen about 30 million downloads of the free app. The majority of revenues comes from the iPhone, and a lot of that is from advertising.
Did the success of the advertising model take you by surprise?
We had a pretty good idea of how well it could do, but I do think the future will hold many more apps that will be getting most of its revenue from advertising. It’s just a great way to capture users for the long term.
On the iPhone, the commercial model works really well – there’s only one shop, you have to register for iTunes, everyone can buy, etc.
There’s been quite a bit of talk about the Android version, about the severe performance issues and so on. Can you talk a little about that? Is Apple right in saying that there’s a huge fragmentation problem? Is it a big issue for you?
Not too much, we’ve done a lot of games in Java over the years, so we’re good at porting our games. It’s familiar to us. But it does take manpower to do it, and in some cases we can’t support all the handsets, because of their respective specifications.
Is it mainly the hardware, or which version of Android the handsets are running?
Everything Android 2.0 and upwards is really good.
What about some of the other platforms? Windows Phone 7 for example?
We’re actively looking at WP7, we have a very good relationship with Microsoft. They just announced our game for the platform a bit ahead of schedule.
What about the Chrome web store?
Chrome is very interesting, and we’re looking at that also.
Would that be an advertising-driven model as well?
It remains to be seen how wide the payment coverage is, but I must say the revenue split is very interesting.
Are you expanding to Facebook at some point?
It’s an interesting time to get on Facebook, so we’re definitely looking at that.
What’s with the Angry Birds toys stuff?
We were introduced to a licensing agency early on, and we thought of ways to use the brand for other things like merchandise. The results so far have been very encouraging.
We’re actually waiting for more toys to arrive from China, and we’re already selling inventory that will only arrive in January or even February 2011.
What’s next for you guys?
Next year, we’ll be moving to consoles. It’s a more traditional business model, but we’re interested in the downloadable games aspect of it. We’re building our back-end system now that will allow people to play the same game from different devices.
There’s also talk about a potential movie deal. What’s the status on that?
We have looked very closely at that, but the issue is that it would take about 4 years for the movie to come out. We could essentially do it anytime, but we’re focused on smaller screens right now.
Is there another game you’re working on?
At the beginning of this year, we were 12 people, 40 now. All of our manpower has gone to Angry Birds so far, but we’re working on new titles, that may or may not be Angry Birds related.
Same model?
Yes, we’ll continue to focus on the quality of the game. We want all of our products to be great.
How are you doing in terms of revenue? Do you need more money to grow?
No, we don’t anymore. We’re very profitable right now, and even with the expansion that we foresee, we don’t expect any problems in paying for it with our current income.
Do you get a lot of interest from potential buyers?
There is a lot of interest, but we’ve been focused on building our own business now. [TechCrunch]
Labels:
angry birds,
ceo,
interview,
rovio
Tuesday, September 7, 2010
GOOGLE TV CONFIRMED FOR FALL LAUNCH IN US
Google's CEO Eric Schmidt stated his company's Google TV will debut "in the autumn" for the US reported Reuters UK. Schmidt, speaking from the IFA in Berlin, told journalists “we will work with content providers but it is very unlikely that we will get into actual content production." The CEO also stated the new service would allow for full internet browsing and be available to a variety of electronic manufacturers for use.
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